British engineering firm MMI is selling the Avocet sports car program including its design, all data as well as production and intellectual property rights. The car itself is a 1,600 pound mid-engined two-seater. Not a Miata, but close in spirit!

Its name sounds like a blood-pressure drug, but MMI's Avocet gets its moniker from an insect-eating bird with webbed feet. Of course, the specialty British roadster's feet are decidedly unwebbed, but we're pretty sure it'll be eating plenty of unfortunate insects along Blighty's b-roads. The Lotus fighter is on…